The Department for Work and Pensions (DWP) has published its proposed Pension and Benefit Rates for 2022/23. The rates show increases to statutory benefits such as sick pay, maternity pay, paternity pay, shared parental pay and adoption pay and will be confirmed by secondary legislation.
From 11 April 2022, the following rates are expected to apply:
- The weekly rate of statutory sick pay (SSP) will be £99.35 (up from £96.35)
- The weekly rate of statutory maternity pay (SMP) and maternity allowance will be £156.66 (up from £151.97)
- The weekly rate of statutory paternity pay (SPP) will be £156.66 (up from £151.97)
- The weekly rate of statutory shared parental pay (ShPP) will be £156.66 (up from £151.97)
- The weekly rate of statutory adoption pay (SAP) will be £156.66 (up from £151.97)
As announced in the Autumn Budget back in October, the national minimum wage rates will also increase as follows:
- National Living Wage for those over 23: from £8.91 to £9.50
- National Minimum Wage for those aged 21 to 22: from £8.36 to £9.18
- National Minimum Wage for those aged 18 to 20: from £6.56 to £6.83
- National Minimum Wage for those aged under 18: from £4.62 to £4.81
- Apprentice Rate: from £4.30 to £4.81
- Accommodation offset rate: from £8.36 to £8.70
Sarah Taylor